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Facebook is on its way to dominate the world

March 27, 2015
Thought Leadership
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Facebook is now ready to dominate the online world of business with the latest announcement from its F8 conference. The company made it very clear that having 1.35 billion active users and allowing them to share bad selfies and cat videos is not their end game. I’m shocked. Really. True, Facebook is making some good money from advertising but hey – that’s just for the cash flow. Their strategy is to dominate businesses within the social networking site as well…

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Facebook is taking advantage of your emotions

July 7, 2014
Thought Leadership
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Welcome to this week’s Technology Updates, a vibrant mix of hot topics and future trends. The future is here Do you have a Facebook account? If so, you may be one of the almost 700,000 people Facebook used as their very own lab rats. Facebook decided to test how negative stories can influence your inclination to write negative posts. According to the authors of the study: “We show, via a massive (N = 689,003) experiment on Facebook, that emotional states…

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Facebank

April 28, 2014
Thought Leadership
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Facebook, the place where you can find everything about your friends, is applying for permission from the Ireland’s central bank to allow its users to store and exchange money. There are few details to be worked out, but for the sake of argument, let’s assume they manage to satisfy the regulator requirements. It will mean that Facebook will know: who your friends are; your favourite things; your sentiment about causes you care; and provide you with an offer you won’t…

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